Hello everyone! Continue to focus on the bearish outlook over the weekend.

Yesterday, the non-farm payroll data was released, and the core market feedback was very clear—unemployment rate decreased, which puts some delay pressure on the rate cut process. Overall market sentiment is indeed leaning towards bearish. After the data was announced, the market remained flat, and we continued to observe, waiting for a rebound opportunity to short. During the early morning hours, driven by dovish comments from Federal Reserve officials, some attempted to push the market higher, which gave us a good shorting opportunity around 91,500-92,000. Subsequently, the market declined to 90,300, and all positions were closed for profit. This operation was indeed quite successful.
For Saturday, trading volume is expected to be limited, but market sentiment will further weaken. Especially after a quick rebound that failed to hold high levels and then sharply declined, there is a strong sense of distribution at high levels. It is recommended to maintain a bearish outlook on Saturday. If volatility increases slightly, it may reach the 895-886 area. Considering that the bearish sentiment on Friday has not been fully released, this selling pressure might concentrate during the weekend break.
Regarding Bitcoin, it is advised to consider short positions in the 90800-91200 range, with the first target to retest the 89800-893-886 level. When first approaching 89800, small short-term longs can be considered for testing; if broken, wait for a rebound around 893.
Ethereum has been in a persistently weak mood these days, maintaining a "not breaking, then establishing" pattern. Although there has been a rebound, the strength is weak, and overall it is in sync with Bitcoin. The same operations apply.
That's all for now, everyone. Have a good weekend, rest well, and spend time with family. Enter positions only when there are clear signals. #美国贸易赤字状况 $ETH